Dave Bulger has spent more than two decades inside the firms that shape the alternative investments industry — and brings that inside knowledge to accredited investors navigating 1031 exchanges, Delaware Statutory Trusts, and the private-placement market.
Dave Bulger is a Vice President at Carmona Wealth, specializing in 1031 and 721 exchanges and helping real estate investors identify tax-deferred replacement properties — primarily through the Delaware Statutory Trust (DST) structure.
Before joining the client side, Dave spent more than two decades wholesaling alternative investment offerings to independent broker-dealers, family offices, and RIAs — at Cantor Fitzgerald, NexPoint, Realty Capital Securities, KBS Capital Markets, and AXA-affiliated Independent Portfolio Consultants. He was inducted into Realty Capital’s Billion Dollar Club for raising more than $1B, and was the top REIT wholesaler nationally at Cantor Fitzgerald.
What that vantage gave him is unusual: he has read hundreds of private placement memoranda from the inside. He knows how these products are structured, how sponsors compete for capital, and where the risks are that don’t always make it to the cover page. He brings that perspective to Carmona Wealth clients — independently, and without a proprietary product to sell.
Dave’s work over 25+ years has been recognized at the highest levels of the alternative investments industry. That recognition wasn’t about volume — it was about the quality of the relationships and the discipline behind the recommendations.
A specialized practice built around one goal — preserving your tax deferral while stepping into professionally managed, passive real estate.
Over twenty years on the sponsor side taught me exactly what to look for — and what to walk away from. That’s the lens I bring to every client conversation now.
Forward, reverse, improvement, simultaneous. Most investors only know one of them exists — and it costs them options when timing gets tight.
Read articleThe offering memorandum tells you what you need to know — if you know where to look. A former wholesaler’s field guide to the fine print.
Read articleEvery investor I talk to comes in assuming they should exchange. Sometimes they shouldn’t — and knowing when to say so is what independent advice looks like.
Read articleWhether you have a sale approaching, an exchange clock running, or you’re just starting to think about stepping back from active management, a short call is the fastest way to know where you stand.
Consultations are confidential and obligation-free. Reach out and Dave will personally review your situation.
25+ years in alternative investments & capital markets
Harvard University · University of Pittsburgh MBA
Confidential, no-obligation consultations
Tell Dave a little about your situation and he’ll be in touch within one business day.